Harmony decides against selling early stage PNG projects

South Africa-based miner Harmony Gold said on Monday it had rejected direct and indirect offers for its assets in Papua New Guinea (PNG). Chairperson Patrice Motsepe said in a statement the board believed that the disposal of assets at this early...

Papua New Guinea’s copper/gold opportunities evoking geological superlatives

Geologists regard Papua New Guinea (PNG) as a rousing copper-gold province. “It’s a place where geologists have great fun,” says Harmony Gold CEO Graham Briggs, who is eager to build Harmony’s second PNG mine in joint venture with...

Harmony and Newcrest face legal claim in PNG

Gold miners Harmony Gold and Newcrest Mining said on Thursday that they would “vigorously” defend a claim by landowners at their joint-venture (JV) Hidden Valley mine, in Papua New Guinea. A number of landowners, including a Member of...

Company Announcement: Hidden Valley Joint Venture denies nuisance claim

Attached please find a press release on: Statement from the Hidden Valley Joint Venture regarding the purported service of a writ upon the Hidden Valley Joint Venturers.

Harmony and Newcrest open Hidden Valley mine

South African gold-miner Harmony Gold on Thursday officially opened its first offshore greenfield project, the Hidden Valley mine, in Papua New Guinea (PNG). The mine, which is held in a joint venture with Australia’s Newcrest Mining,...

Harmony Gold mulling listing to fund Evander's 'huge' potential

JSE-listed Harmony Gold is considering a separate listing in order to fund the development of the company's Evander gold assets, Harmony Gold CEO Graham Briggs tells Mining Weekly Online. Briggs says that Evander, in Mpumalanga province, has...

Australia’s Newcrest reports 9% jump in quarterly output

Australian gold producer Newcrest Mining on Wednesday reported that production for the quarter ended June, had increased by 9%, to 397 826 oz. The higher production was as a result of improved operations at the Gosowong project, in Indonesia,...

Australia’s Chrome moves into PNG with Pacific Nuigini acquisition

Perth-based Chrome Corporation has struck a deal to acquire Papua New Guinea (PNG) gold explorer Pacific Nuigini Minerals (PNM). The deal, which was subject to due diligence and the approval of Chrome shareholders, would transform the Australian...

Hidden Valley's production delayed to next June - Harmony

Production at Harmony Gold’s new Hidden Valley mine in Papua New Guinea (PNG) has been delayed by three months to June next year, but its new partners on the project are eager to push this forward, CEO Graham Briggs said on Friday. Mobilising...

Environmental studies help minimise impact in Harmony’s Papua New Guinea project

Gold-mining company Harmony Gold has undertaken a number of environmental studies to ensure that the environmental impact of its Hidden Valley project in the Morobe province of Papua New Guinea, is kept to a minimum.

Harmony reserves down 4% on last year

Gold major Harmony Gold said on Wednesday that its ore reserves had declined by 2,4-million ounces during the 12 months to June 30, from 56-million ounces to 53,6-million ounces.

$278m Papua New Guinea mine an engineering feat

The steep, tree-covered hillsides of Papua New Guinea are probably one of the most unlikely places where one would imagine finding a South African owned and operated gold mine.